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iPhone 8: Release Date, Specifications and Rumors

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iPhone 8 Release Date,iPhone 8 Specifications,iPhone 8 Features,iPhone 8 Latest Updates,Apple iPhone 8 Launch Date,New iPhone 8 Full Details,Startup Stories,Latest Technology News and Updates


iPhone users have been waiting eagerly for any news about the latest smartphone to be released by Apple, the iPhone 8. This next generation iPhone is one of the most highly anticipated mobile devices since the launch of the iPhone 7.

The iPhone 8 will be Apple’s 10th anniversary smartphone and according to various media reports might debut wireless charging. The flagship phone as per French Apple news site Mac4Ever might be unveiled as early as on September 12th itself and not later as many rumors speculate. Mac4Ever reported several testimonials corroborating their sources that Apple must already be sorting out staff rotas and planning marketing campaigns. According to a Forbes report, keeping in tradition to the unveiling and launching of their phones, if Apple unveils the iPhone 8 on 12th September, then pre orders could start from September 15th with the handset going on sale one week later on Friday, September 22nd. It is also interesting to note that the Samsung Galaxy Note unveiled yesterday will also be available for sale from the 15th of September. If the media speculations are true, both smartphone giants will be going head to head with 2 flagship products for the first time.

This latest iPhone is rumored to have some radical changes, including a striking ‘copper gold’ color according to pictures shared on popular Chinese microblogging site Weibo.

Rumors also suggest that Apple has been holding back some of its most groundbreaking features for this year’s models which might come in three sizes. The three models will include a 4.7 inch iPhone 7s, a 5.5 inch iPhone 7s Plus and a 5.8 inch iPhone 8.

Several media reports also suggest that the newest model might also be named as iPhone X or iPhone Edition. The price for the iPhone 8 model might be more than the normal $ 649 (£ 599, AU $1,079, Rs. 41,583) as the larger iPhone 8 model will be significantly more advanced than the 7s and 7s Plus.

The fast food chain McDonald’s also appears to have leaked iPhone 8’s full screen design while sending a marketing email to nugget fans in Australia. The email includes an image of an iPhone with an edge to edge display. It also shows the much leaked ‘notch’ at the top of the screen which will reportedly house iPhone 8’s earpiece, front facing camera and sensors.

 

Other rumors claim that Apple might replace the Touch ID and add face recognition to the iPhone 8 because of problems with its “controller” chip. Well, one thing’s for sure, confirmation of these rumors along with other specifications that haven’t been “leaked” yet are only a couple of weeks away! 

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Supreme Court Puts End to Misleading Celebrity Endorsements 

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Supreme Court Of India

The Supreme Court of India has taken a strong stance against misleading advertisements featuring public figures, emphasizing their responsibility in promoting products. This decision comes in response to concerns about the influence celebrities and public figures hold over consumer choices.

 

The Heart of the Matter:

 

The court’s ruling highlights two key points:

 

  1. Shared Responsibility: Advertisers, advertising agencies, and the public figures endorsing products are all equally liable for issuing misleading advertisements. This means that celebrities can no longer simply lend their face to a product without due diligence. They are expected to have a good understanding of the product and its claims before endorsing it.

 

  1. Self-Declaration:  The court mandated a stricter protocol requiring advertisers to obtain a self-declaration from endorsers. This declaration, similar to the Cable Television Networks Rules (1994), ensures that the advertised product complies with existing laws and avoids offensive content.

 

Why it Matters:

 

Celebrity endorsements hold immense power in influencing consumer behavior. Consumers often trust the judgment of their favorite actors, athletes, or social media personalities. This trust can be exploited by promoting products with exaggerated claims or those lacking scientific backing. 

 

The Case that Triggered the Ruling:

 

The court’s decision stemmed from a case involving Patanjali Ayurved Ltd., a popular Indian consumer goods company, and yoga guru Ramdev. The Indian Medical Association (IMA) filed a plea against the company and Ramdev, accusing them of misleading advertisements and a smear campaign against COVID-19 vaccinations and modern medicine.

 

The Road Ahead:

 

This ruling is a significant step toward protecting consumers from deceptive marketing practices.  It encourages celebrities and public figures to be more selective and responsible about the products they endorse. Additionally, the court urged government bodies to implement procedures for consumers to easily report misleading advertisements. 

 

This move by the Supreme Court is likely to have a ripple effect across the advertising industry in India.  It will force companies to be more transparent and hold celebrities accountable for promoting products they don’t fully understand or that make unsubstantiated claims. 

 

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Mercedes Hits the Brakes on EVs: Profit Woes Lead to Focus on Gas-Powered Cars

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StartupStories - Mercedes

Luxury carmaker Mercedes-Benz is experiencing a shift in gears, prioritizing gasoline-powered vehicles over its previously ambitious electric vehicle (EV) strategy. This comes after disappointing sales figures and shrinking profit margins for their electric offerings.

The Dream Runs out of Charge:

Mercedes, a leader in the luxury car market, had set a goal to be fully electric by 2030. However, sluggish sales of their electric vehicles, particularly the high-end EQS and EQE sedans, have forced a recalibration of their plans. The company’s profit margin dipped to a concerning 9% in the first quarter of 2024, falling below their long-term target range.

Why the Slow Charge?

Several factors are contributing to the lackluster performance of Mercedes’ EVs:

  •  Price Point Pinch: The high price tag of Mercedes’ electric cars, ranging from $70,000 to $120,000, limits their appeal compared to more affordable electric options. 
  •  Competition Heats Up: Other luxury carmakers like Tesla and BMW are offering strong competition, with some even surpassing Mercedes in EV sales growth. 
  •  Infrastructure Concerns: Gaps in charging infrastructure and anxieties about range remain significant deterrents for potential EV buyers.

Back to the Drawing Board:

In response to these challenges, Mercedes CEO Ola Källenius announced a revised strategy. The company will:

  •  Extend Focus on Combustion Engines:  Production of gasoline-powered and hybrid vehicles will continue well into the 2030s, catering to customer demand.
  •  Rethink EV Strategy: Mercedes will analyze consumer preferences and market trends to refine their electric car offerings. This may involve focusing on more affordable models or improving features to enhance range and charging efficiency.

The Road Ahead

The shift by Mercedes highlights the complexities of the automotive industry’s transition to electric vehicles. It underscores the need for car manufacturers to balance ambitious environmental goals with the realities of consumer behavior and market competition.

Is this a Permanent Pause?

While Mercedes is putting the brakes on its all-electric vision, it doesn’t necessarily signal a complete retreat from EVs. The company may leverage this time to strengthen its electric offerings and ensure they are competitive in the rapidly evolving market. Only time will tell if Mercedes can reclaim its position as a leader in the electric vehicle race.

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Reddit Soars After Strong Earnings and Upbeat Outlook

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Reddit, the social media platform known for its online communities and meme culture, saw its stock price jump significantly after releasing its first earnings report since going public in March. Investors were impressed by the company’s strong financial performance and optimistic forecasts for the future.

The report highlighted a surge in user engagement, with daily active users increasing by 37% to 82.7 million in the first quarter. This growth was accompanied by an 8% rise in average revenue per user, indicating Reddit’s success in monetizing its platform. 

Perhaps the most significant factor driving the stock price increase was Reddit’s forecast for the second quarter. The company projected revenue to fall between $240 million and $255 million, exceeding analyst expectations. Additionally, Reddit anticipates achieving break-even status or even generating a profit, surpassing predictions of a loss.

This positive outlook can be attributed in part to Reddit’s flourishing advertising business. The company is also capitalizing on a new revenue stream: content licensing deals with artificial intelligence (AI) firms. Reddit’s vast collection of user-generated content provides valuable data for training AI models, attracting companies like Google.

Analysts believe Reddit is still in its early stages of monetization and predict continued growth in the coming quarters, fueled by advancements in ad targeting and measurement tools. This optimism is reflected in the stock price surge, which has climbed roughly 70% since Reddit’s IPO.

Overall, Reddit’s first earnings report paints a bright picture for the company’s future. With a thriving user base, increasing revenue opportunities, and a promising outlook, Reddit appears well-positioned for continued success in the ever-evolving social media landscape.

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